JRP3
Hyperactive Member
Not enough that I noticed. Boring.Friday was down (with swings to both sides).
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Not enough that I noticed. Boring.Friday was down (with swings to both sides).
I’m certain that someone with your intellect, grasps the basic fact that Elon asked the question himself.
I agree with your assessment that smart people are simply stupid less often, but still stupid a lot of the time. Lowly creatures we are in the end.Yeah, but it’s not the same, you don’t have to love it or leave it. Regardless, this was just sort of stupid of Elon. Sometimes he does stupid stuff. I do stupid stuff like 30 times a day. He does stupid stuff like once every 30 days. That’s not a bad record. I am envious of that stupidity rate.
But when he does something stupid, it’s ok to say so. Elon has plenty of opinions… so do the rest of us… doesn’t mean any of us should or shouldn’t sell shares.
Sometimes we just disagree with each other and that is fine.
The additional thing I will add is, Elon hasn't said when he will sell the 10%.Yeah, people love to tell other's what they should do with their money. Elon is a big boy and this ain't his first rodeo. I suggest we let him do it however he wants. If it's a poll, I support that because they are Elon's shares with which to do it however he wants.
I feel like I'm part of a big gossip circle where no one can do the smallest, most innocuous thing without everyone judging what they did and how terrible they think it was.
He needs 12 billion cash for taxes, i.e. he needs to sell close to 10% of his stock for this.
It is also about time for another CEO compensation package, and we might see that structured differently, money to pay taxes is a consideration that they may factor in..
No need to click through, but it looks like wild colors spotted at Giga Shanghai, likely the wrapping service they were going to roll out.
Tesla spotted building a bunch of cars in wild new colors
Tesla has been spotted producing a bunch of cars in wild new colors out of Gigafactory Shanghai. Could these be...electrek.co
To see the colors, which appear to include pink, teal, etc., you can check Jason Yang’s latest flyover or click-through to Fredtrek if you desire.
Was thinking the same. Posting up the crazy FED / CA capital gains tax he gets hammered with for all to see.I wonder if Musk is also thinking about making his tax fillings public. His choice, of course.
And to all who Thumbs-downed responses to posts after @Paul_SF ’s post: a word of advice. Read my just-above post, and the tweet in question. And keep on re-reading it until you comprehend.
Very well played, Mr M.
So I drove two miles very carefully around my neighborhood and re-parked. After a few minutes I can happily report my new safety score is 100%!
We'll see if this is sufficient to get the next new beta release of FSD. Cheers!
Imagine how great the US could be without these particular diseases. We will move from the greatest country in the world to a 3rd world dictatorship with these diseased beliefs!I don't think he will do the standard lobbying - i.e. bribing politicians and media. That would be playing on someone else's playing field, and by their rules - not a strategy a good general would take.
But he definitely wants to reduce culture wars, cancel culture, pervasive wokeness etc. In fact TITS would be an excellent vessel for that, as these negative movements originate mostly in the Ivy League. TITS would be antidote for that - a future world class (perhaps top 5) technology and engineering university, but with freedom of thought, and capitalist mindset, and no cancel culture or wokeness (starting from the name TITS itself )
Sadly, I think his twitter poll is not about putting his agenda to the people, but rather comes off a bit more like the dude from the movie “gladiator”.I agree with your assessment that smart people are simply stupid less often, but still stupid a lot of the time. Lowly creatures we are in the end.
But this was not stupid of Elon. It was inevitable. And suddenly he controls the agenda through the ‘people’. Short term traders are going to short term, but this will be just another blip in the chart.
In the Golden Age of Athenian democracy Elon would have been a hit in the ecclesia for sure. He just would have to practice with those marbles in his mouth for a while.
Rich people giving away stuff to curry favor with the masses has a long and solid tradition. Just ask Julius Caesar.
The main concern I have for Elon is his physical security. Stay safe, Mr. Musk!
That is simply not true.
10% would be significantly more than he'd need to sell to cover the taxes on the options.
I covered the math a page or two ago, but the tl;dr is roughly (rounding a bit)
He will need to sell roughly 12.4 million shares to cover the tax bill.
10% of all his shares, depending if you include the shares from the options or not would be either ~17 million shares or ~19.4 million shares.
So he'd be selling either ~4.6 million or ~7 million more shares than needed to pay his tax bill.
If he does sell I hope he pays off all the loans which he has taken out which have his holdings in Tesla as collateral.
I thought I was the only one that goes on Twitter and weeps at the state of society. It’s like Lord of the Flies with a megaphone.I think I'm bored of making so much money. Elon clearly knows that I'm tired of winning. Thank you, Elon!
In all seriousness, I think this sort of decision should have been brought up at the annual meeting. Random Twittards, most of which are the worst humans living on Earth today, should not be making this decision. Shareholders should be.